Tudor Investment Et Al Lowered Its Holding in Reliance Steel & Aluminum Company (RS) by $1.08 Million; Big Lots (BIG) Market Value Declined While Kestrel Investment Management Has Upped by $3.90 Million Its Stake

February 20, 2018 - By wolcottdaily

Paul Tudor Jones decreased its stake in Reliance Steel & Aluminum Company (RS) by 69.08% based on its latest 2017Q3 regulatory filing with the SEC. Tudor Investment Corp Et Al sold 14,183 shares as the company’s stock declined 16.82% while stock markets rallied. The hedge fund run by Paul Tudor Jones held 6,349 shares of the metal fabrications company at the end of 2017Q3, valued at $484,000, down from 20,532 at the end of the previous reported quarter. Tudor Investment Corp Et Al who had been investing in Reliance Steel & Aluminum Company for a number of months, seems to be less bullish one the $6.90 billion market cap company. The stock increased 0.50% or $0.47 during the last trading session, reaching $95.04. About 358,840 shares traded. Reliance Steel & Aluminum Co. (NYSE:RS) has risen 0.13% since February 20, 2017 and is uptrending. It has underperformed by 16.57% the S&P500.

Kestrel Investment Management Corp increased its stake in Big Lots Inc (BIG) by 89% based on its latest 2017Q3 regulatory filing with the SEC. Kestrel Investment Management Corp bought 73,600 shares as the company’s stock declined 8.85% while stock markets rallied. The institutional investor held 156,300 shares of the consumer services company at the end of 2017Q3, valued at $8.37 million, up from 82,700 at the end of the previous reported quarter. Kestrel Investment Management Corp who had been investing in Big Lots Inc for a number of months, seems to be bullish on the $2.35B market cap company. The stock decreased 1.57% or $0.89 during the last trading session, reaching $55.81. About 411,122 shares traded. Big Lots, Inc. (NYSE:BIG) has risen 10.65% since February 20, 2017 and is uptrending. It has underperformed by 6.05% the S&P500.

Among 9 analysts covering Reliance Steel (NYSE:RS), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Reliance Steel had 38 analyst reports since September 8, 2015 according to SRatingsIntel. The stock has “Buy” rating by Cowen & Co on Thursday, July 27. The firm has “Buy” rating by Bank of America given on Monday, January 8. The firm has “Buy” rating given on Wednesday, September 27 by KeyBanc Capital Markets. Macquarie Research downgraded the stock to “Neutral” rating in Tuesday, November 29 report. KeyBanc Capital Markets maintained the stock with “Buy” rating in Wednesday, January 10 report. The company was maintained on Monday, September 18 by KeyBanc Capital Markets. The stock has “Buy” rating by Deutsche Bank on Friday, June 23. The stock of Reliance Steel & Aluminum Co. (NYSE:RS) has “Outperform” rating given on Friday, July 22 by Cowen & Co. Cowen & Co maintained Reliance Steel & Aluminum Co. (NYSE:RS) on Friday, February 16 with “Buy” rating. The stock of Reliance Steel & Aluminum Co. (NYSE:RS) has “Neutral” rating given on Thursday, April 28 by Rosenblatt.

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.27, from 1.23 in 2017Q2. It fall, as 32 investors sold RS shares while 105 reduced holdings. 31 funds opened positions while 101 raised stakes. 59.07 million shares or 1.45% less from 59.94 million shares in 2017Q2 were reported. Poplar Forest Cap Ltd Llc owns 4.22% invested in Reliance Steel & Aluminum Co. (NYSE:RS) for 638,566 shares. Victory holds 0.59% of its portfolio in Reliance Steel & Aluminum Co. (NYSE:RS) for 3.43M shares. Thomas White Int Ltd holds 0.04% or 2,962 shares in its portfolio. 25,271 are owned by Regentatlantic Ltd Liability Co. Point72 Asset Mgmt Limited Partnership holds 0.03% or 80,017 shares. Moreover, State Street has 0.02% invested in Reliance Steel & Aluminum Co. (NYSE:RS). Schroder Inv Mngmt Gp owns 477,287 shares. Moreover, Raymond James & Assocs has 0% invested in Reliance Steel & Aluminum Co. (NYSE:RS) for 22,469 shares. Private Advisor Gp Llc holds 0% or 2,682 shares in its portfolio. Palo Capital has invested 0.87% in Reliance Steel & Aluminum Co. (NYSE:RS). Profund Advsr Lc owns 0.03% invested in Reliance Steel & Aluminum Co. (NYSE:RS) for 10,352 shares. Rhumbline Advisers invested in 0.02% or 133,865 shares. Creative Planning reported 0.01% of its portfolio in Reliance Steel & Aluminum Co. (NYSE:RS). New York-based Amer Group Inc has invested 0.04% in Reliance Steel & Aluminum Co. (NYSE:RS). Metropolitan Life Ny stated it has 0.03% of its portfolio in Reliance Steel & Aluminum Co. (NYSE:RS).

Tudor Investment Corp Et Al, which manages about $21.89B and $3.92 billion US Long portfolio, upped its stake in Sabra Health Care Reit Inc (NASDAQ:SBRA) by 121,770 shares to 138,995 shares, valued at $3.05 million in 2017Q3, according to the filing. It also increased its holding in Catalent Inc (NYSE:CTLT) by 19,708 shares in the quarter, for a total of 46,672 shares, and has risen its stake in A.

Since December 8, 2017, it had 0 insider purchases, and 1 insider sale for $92,861 activity.

Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.03, from 1 in 2017Q2. It increased, as 41 investors sold BIG shares while 95 reduced holdings. 55 funds opened positions while 85 raised stakes. 51.55 million shares or 5.84% less from 54.74 million shares in 2017Q2 were reported. Denver Invest Advisors Ltd Liability Corp reported 0.86% stake. Prelude Capital Management Limited Liability Company reported 0.02% in Big Lots, Inc. (NYSE:BIG). Sei has invested 0.04% of its portfolio in Big Lots, Inc. (NYSE:BIG). Earnest Ptnrs Limited Liability Corporation has invested 0.11% in Big Lots, Inc. (NYSE:BIG). United Service Automobile Association stated it has 9,420 shares. Blackrock holds 5.14 million shares or 0.01% of its portfolio. Bb&T Corp has invested 0.03% in Big Lots, Inc. (NYSE:BIG). Strs Ohio stated it has 0% in Big Lots, Inc. (NYSE:BIG). Mufg Americas has invested 0% in Big Lots, Inc. (NYSE:BIG). Tyvor Capital Limited Liability Co holds 42,644 shares. Fdx Advisors Inc, a California-based fund reported 13,781 shares. Employees Retirement Association Of Colorado stated it has 0% in Big Lots, Inc. (NYSE:BIG). Ameriprise holds 354,348 shares. Sterling Cap Mgmt Limited Company holds 15,655 shares or 0.01% of its portfolio. Cwm Ltd Com owns 9 shares or 0% of their US portfolio.

Among 17 analysts covering Big Lots (NYSE:BIG), 8 have Buy rating, 1 Sell and 8 Hold. Therefore 47% are positive. Big Lots had 43 analyst reports since August 11, 2015 according to SRatingsIntel. M Partners maintained the shares of BIG in report on Monday, December 7 with “Buy” rating. The firm earned “Market Perform” rating on Friday, August 28 by Telsey Advisory Group. As per Friday, June 9, the company rating was maintained by Citigroup. The stock of Big Lots, Inc. (NYSE:BIG) earned “Neutral” rating by Susquehanna on Friday, February 10. The rating was maintained by KeyBanc Capital Markets on Thursday, October 6 with “Overweight”. The firm has “Hold” rating by Piper Jaffray given on Friday, December 1. The stock of Big Lots, Inc. (NYSE:BIG) has “Buy” rating given on Monday, June 6 by Citigroup. The rating was initiated by Barclays Capital on Friday, September 23 with “Equal-Weight”. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, September 23. The firm has “Hold” rating by Deutsche Bank given on Monday, May 23.

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